105 Golders Green Road
Golders Green
London
NW11 8HR

Recently Let Freehold Retail Investment with Newly Developed Residential Above

  • Shop/Bakery recently let to Taboon London Limited t/a Taboon
  • New 15 year shop lease from July 2020 (no breaks)
  • Four newly developed separately accessed flats on upper floors ready to be let (1 x 2 bed and 3 x 1 bed)
  • Prominent corner position in the heart of Golders Green, within very close proximity to Golders Green Tube and Bus Station
  • Nearby occupiers include Tesco Express, Boots the Chemist, Holland & Barrett and various restaurants and coffee shops
  • Immediate Asset Management potential
  • Affluent and popular North-West London suburb
  • Lot
    10
  • Auction
    23/Sep/2020
  • Rent
    £42,500 per Annum Exclusive
  • Status
    Sold
  • Price*
    £2,125,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 105 Golders Green Road<br>Golders Green<br>London<br>NW11 8HR
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  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
6 miles north-west of Central London
Roads
A406 (North Circular),
A41 (Finchley Road), M1
Rail
Golders Green Tube Station (Northern Line)
Air
London Luton, London Heathrow
Situation

Golders Green is an affluent North West London suburb, 5 miles north-west of London's West End. The location benefits from excellent communications being close to the A406 (North Circular Road) and M1. The property is situated on a prominent corner position on the south side of Golders Green Road, at its junction with Armitage Road. Nearby occupiers include Tesco Express, Boots the Chemist, Holland & Barrett and various restaurants and coffee shops. Golders Green Tube and Bus Station is located a short walk away with various bus routes serving Golders Green Road.

Tenure

Freehold.

Description

The property comprises a recently let ground floor bakery, with shop fitting to commence imminently and newly developed residential accommodation (3x one bed flats and 1x two bed flats) on the first and second floors. The residential accommodation benefits from separate access via Armitage Road, as well as a roof terrace.

VAT

VAT is not applicable to this lot.

Note

Indicative Floor Plans available on request.

Viewings

There will be one accompanied block viewing leading up to the auction. Please email your request to view to george.goucher@acuitus.co.uk who will confirm the time and date.

Completion Period

Eight Week Completion

EPC

Band D (shop). See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
(Reversion)
GroundRetail/Bakery
124.11 sq m
(1,336 sq ft)
TABOON LONDON
LIMITED
t/a TaboonBakery (1)
15 years from
27/07/2020 until
26/07/2035
£42,50027/07/2025
27/07/2030
25/07/2035
FirstResidential -Flat 1
Residential -Flat 2
1 bed - 46.73 sq m
1 bed - 50.21 sq m
(503 sq ft)

(540 sq ft)
VACANT
SecondResidential -Flat 3
Residential -Flat 4
1 bed - 37.84 sq m
1 bed - 58.60 sq m
(407 sq ft)

(631 sq ft)
VACANT
Total
 
317.49 sq m
(3,417 sq ft)
  £42,500 

(1) A rent deposit of £31,875 is currently held by the landlord.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    22.09.20
    File Size
    15 MB
    Login to View
  • Catalogue Page
    Updated Date
    02.09.20
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    02.09.20
    File Size
    910 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    15.09.20
    File Size
    57 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Peter Brown & Co, Solicitors LLP Riverside House, 27D High Street
Ware
Herts
SG12 9BA
Paul Braham 020 8447 3286paul@peterbrown-solicitors.com

Useful Links

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